Verra Mobility Corporation (VRRM)

Verra Mobility Corporation is trading at $2.80, down 16.17% on the session. The 50 day average sits at $3.43 and the 200 day at $9.51, which puts the stock in a downtrend. RSI is at 38.4, which reads as weak, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $2.77 with resistance near $3.10, so that band frames the current range. Average daily movement is roughly $0.22, or about 7.8% of the share price, which is what any stop placement has to allow for. The overall health score of 29 out of 100 combines a trend score of 0, momentum of 57 and a risk score of 36.

Verra Mobility Corporation provides smart mobility technology solutions in the United States, Australia, Europe, and Canada. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment offers automated toll and violations management, and title and registration solutions to rental car companies, direct commercial fleet owner-operators, fleet management companies, and other fleet owners. The Government Solutions segment provides photo enforcement solutions and services to its customers, including complete, end-to-end speed, red-light, and school bus stop arm and bus lane enforcement solutions; and traffic enforcement products and recurring maintenance services related to the equipment and software. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Parking Solutions segment offers an integrated suite of parking software, transaction processing and hardware solutions to its customers, which include universities, municipalities, healthcare facilities, and commercial parking operators. This segment also develops specialized hardware and parking management software that provides a platform for the issuance of parking permits, enforcement, gateless vehicle counting, and event parking and citation services, as well as produces and markets its proprietary software as a service to its customers. The company was founded in 1987 and is headquartered in Mesa, Arizona.